Our Blog

Banks play Cupid on Valentine’s Day: Aus shares close 0.4% higher

14 Feb 2020 – The Australian share market gained momentum after midday to close higher. Banking giants NAB (ASX:NAB) and Commonwealth (ASX:CBA) led the charge, following 1H20 results exceeding expectations. Financials were among the strongest gainers, with Magellan (ASX:MFG) and Pinnacle (ASX:PNI) both finishing the day on a positive note. Meanwhile, Energy went the other way, as Woodside Petroleum (ASX:WPL) weighed down the sector.

Source: Finance News Network

Share this post